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Santander Interested in Bawag?

Published: February 3, 2014; 13:33 · (Vindobona)

The Spanish Banco Santander is said to be interested in Bawag, the German daily “Handelsblatt” reports.

Santander Interested in Bawag? / Picture: © Banco Santander

 

There growing evidence that the fifth-largest Austrian bank may be sold in the next few months. According to the German business magazine, the Spanish bank wants to acquire the Vienna-based lender. The circulated sales price amounts to € 2.0bn.

Already last week, the Austrian daily “Standard” reported that the U.S. investment funds “Cerberus” and “Golden…

This article includes a total of 289 words.

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